ViaBTC Mining Pool Will Reward Miners VIAT Tokens

On October 8, the Chinese mining pool ViaBTC will begin issuing VIAT tokens, which cryptocurrency miners will receive as a reward. The maximum limited coins issue is 2 billion!

Simultaneously with the release of tokens, the company is implementing a system called Duo-mining 2.0, due to which two cryptocurrencies will transfer to each miner’s account: VIAT tokens and mined coins. At first, the company plans to distribute 5 million coins of VIAT among clients of the mining pool daily, however, their number will decrease over time, so the entire tokens куыукмуы will go into circulation over several years.

Miners will receive a total of 1 billion VIAT tokens, the remaining half will be distributed between the investors of the project and the partners of the ViaBTC mining pool. It is important to note that tokens will be transferred to their account only after the commencement of trading in coins on cryptocurrency exchanges.

Another mining pool, Huobi Pool, recently released Huobi Pool Token tokens, which are distributed among miners as a reward. Cryptocurrency miners note a decrease in profits from mining, so the reward in the form of tokens will help offset the costs and survive this difficult time.